Krista McDonough Sells 4,996 Shares of CPRI
CPRI's Chief Legal & Sustainability Officer sold shares valued at $98,571.
Key Points
- Krista McDonough, CPRI's Chief Legal & Sustainability Officer, sold 4,996 shares valued at $98,571 on June 17, 2026.
- CPRI shares traded at $20.76, with significant institutional activity from BlackRock and Vanguard.
- Analysts maintain varied ratings with price targets ranging from $20 to $31.
Krista McDonough, the Chief Legal & Sustainability Officer at CPRI, sold 4,996 shares of the company on June 17, 2026. The shares were sold at an average price of $19.73 each, totaling $98,571. This transaction was not part of a pre-planned trading program.
Other Institutional Activity in CPRI
BlackRock, Inc. increased its stake in CPRI by 244,773 shares, bringing its total to 14,265,870 shares worth about $251.4 million. FMR LLC took a different approach, reducing its holdings by 3,571,981 shares to a total of 10,768,256 shares valued at approximately $189.7 million. Vanguard Portfolio Management LLC and Vanguard Capital Management LLC both added new positions, each acquiring 5,698,764 and 5,160,197 shares, respectively. DME Capital Management, LP also increased its stake by 162,311 shares to hold 4,930,318 shares, valued at around $86.9 million.
CPRI Stock Snapshot
CPRI shares recently traded at $20.76. The company has seen varied institutional interest, with significant adjustments by major funds like BlackRock and Vanguard. Analysts have maintained different ratings, with price targets ranging from $20 to $31.
Insider Buying and Selling at CPRI
In addition to Krista McDonough's sale, other insiders were active on June 17, 2026. Jenna Hendricks, Chief People Officer, sold 9,766 shares, while John Idol, Chairman & CEO, sold 25,413 shares at $19.73 each. Both McDonough and Idol also executed additional transactions without disclosed values.
Analysts Set New Price Targets
On May 28, 2026, UBS maintained a 'hold' rating with a $20 price target. Telsey Advisory Group echoed this sentiment with a $21 target. JP Morgan, however, maintained a 'buy' rating with a higher target of $29, while BTIG reiterated a 'buy' with a $30 target. These varied perspectives reflect differing outlooks on CPRI's potential.
Bottom Line
Krista McDonough's recent sale of CPRI shares highlights ongoing insider activity within the company. Investors often track these insider moves for potential insights into company performance. Institutional investors have shown diverse strategies in their CPRI holdings, and analysts' ratings present a range of expectations for the stock's future. As always, it's important to remember that insider transactions and analyst opinions are just one piece of the investment puzzle.
See Also
This instant news alert was generated by automated narrative technology and financial data from EarningsIQ and public regulatory filings. It is for informational purposes only and is not financial advice.
